Haverty Furniture Reports Sales for December
05 1월 2006 - 10:00PM
PR Newswire (US)
ATLANTA, Jan. 5 /PRNewswire-FirstCall/ -- Haverty Furniture
Companies, Inc. (NYSE:HVTNYSE:andNYSE:HVT.A) today reported
all-time record sales for any month for the period ended December
31, 2005. Havertys' December sales increased 1.0% to $79.1 million
compared with $78.3 million in December 2004. On a comparable-store
basis, December sales decreased 0.7%. Comparable-store sales do not
include locations opened, closed or otherwise non-comparable during
the last 12 months. Sales for the twelve months of 2005 totaled
$827.7 million versus $784.2 million for 2004, representing an
increase of 5.5%. On a comparable-store basis, sales increased 1.8%
for the twelve months. Sales in Millions Total Comparable-
(unaudited) Sales Store Sales 2005 2004 % Change % Change December
$79.1 $78.3 + 1.0% - 0.7% Fourth Quarter $225.6 $216.8 + 4.1% +
1.2% Twelve Months $827.7 $784.2 + 5.5% + 1.8% "December was
another record setting month for Havertys," said Clarence H. Smith,
president and chief executive officer. "Our comparable-store sales
were off slightly versus last year and written orders for the month
changed by percentages similar to those for delivered sales. We
were pleased to see improvement in our product flow which is a key
component in our ability to finalize sales and satisfy our
customers. "Our new store in Columbus, Ohio opened on schedule, a
few days before 2005 came to an end. We are excited about serving
another great market in the Mid West with this free-standing store
in the beautiful new Polaris Mall area and look forward to the
Grand Opening event later this week." Havertys is a full-service
home furnishings retailer with 118 showrooms in 17 states in the
Southern and Midwestern regions providing its customers with a wide
selection of quality merchandise in middle- to upper-middle price
ranges. Additional information is available on the Company's
website at http://www.havertys.com/. News releases include
forward-looking statements, which are subject to risks and
uncertainties. Factors that might cause actual results to differ
materially from future results expressed or implied by such
forward-looking statements include, but are not limited to, general
economic conditions, the consumer spending environment for large
ticket items, competition in the retail furniture industry and
other uncertainties detailed from time to time in the Company's
reports filed with the SEC. Contact for Information: Dennis L.
Fink, EVP & CFO or Jenny Hill Parker, VP, Secretary &
Treasurer 404-443-2900 DATASOURCE: Haverty Furniture Companies,
Inc. CONTACT: Dennis L. Fink, EVP & CFO or Jenny Hill Parker,
VP, Secretary & Treasurer, both of Haverty Furniture Companies,
Inc., +1-404-443-2900 Web site: http://www.havertys.com/
Copyright